According to Experian’s Q3 2020 State of the Automotive Finance Market report, 26.20% of all new vehicles are leased compared to 30.27% last year.......
While things aren't quite back to normal in Q3 2020, there were a number of positive trends that demonstrates the automotive industry's resilience....
The early assessment for the automotive industry is that despite significant challenges at the onset of the pandemic, the industry continues to...
Vehicle affordability has been a main topic of conversation in the auto industry for some time, and based on the data, it’s not going...
There’s recently been a significant amount of discussion about the stability of the automotive finance industry. Many fear the increase in the volume of...
Like every other industry, the automotive market is driven by consumer preferences and behavior. While there are a myriad of options to choose from,...
Vehicle prices are going up, yet consumers seem unfazed. Despite consumers taking out larger loan amounts, they continue to make their monthly payments on...
The economy remains steady, maintaining a positive outlook even though the GDP growth slowed in the first quarter. Real estate is holding ground even...
Auto originations continue to increase — particularly within prime categories. According to Experian’s latest State of the Automotive Finance Market report: Prime consumers grabbed...
Setting new records isn’t just for racecar drivers. The auto finance industry continues to achieve its own new highs. According to Experian’s State of...
A recent Experian study found that the amount of time it’s taking for automotive loans opened in Q4 2015 to become delinquent is actually...
When it comes to buying a vehicle, we found that consumers who owned a Certified Pre-Owned (CPO) used vehicle are most loyal to the...
Big changes for the new year 2017 is expected to bring some big changes. But what do those changes mean for the financial services...
Leasing continued its strong growth as the share of new vehicles leased jumped from 26.9% in Q2 2015 to a record high of 31.4%...
According to the most recent State of the Automotive Finance Market report, the total balance of open automotive loans increased 11.1% in Q1 2016,...